tv [untitled] July 25, 2011 9:00am-9:30am EDT
joint the visuals the violence the gateway to the ground imperial truly the torch was there to screw until you can away with a chill through those little civility to go and. read this in the kernel was her turn to retreat. spain's cost a lot thousands of protesters of from across the country in march on not madrid over soaring unemployment and the government's handling of the struggling economy. across the atlantic meantime the rush to reassure the world's markets that the u.s. can of the looming default even though the president and legislators can't agree on how to lift the multi trillion dollar debt. and in no way of course is to remember the ninety three victims of friday's twin terrorist attacks the country's worst atrocity since the second world war. and business russia is resuming
vegetable imports from italy in hungary the battle of the post after a deadly outbreak of ecologic in germany turned me purple didn't pull it back. just after five pm here in moscow you with arts here i'm a rule research showing thousands of protesters have come in madrid's central square angry at the crippling recession and mass unemployment they know the country's in trouble see their future being decided by brussels and the i.m.f. instead of being able to deal with the mess themselves it's a ridiculous go has been to meet with. the cash in spain is going mainly down the drain at least that's the opinion of thousands of people who've rallied across the country you know working for a bunch of coal in the footsteps of latin american countries take care of by mexico
the government is controlled by the american bank and i am w.t.f. i don't care about the people. so the people decided it's time to voice their concerns loud and clear before they lose more than just the shirt off their back spain has one of the highest unemployment rates in the eurozone so while the european leaders have been occasionally meeting and comfortable quarters to talk about the future of the euro and the european union itself people in the country have been demonstrating on an almost weekly basis demanding the government shape up stop talking and do something about the situation this is not just about higher wages and better pension plans with more than forty percent of young people in spain unemployed simply getting a job is a priority for those gathered in the trades central square the big part of the responsibilities from the government. because the government first of all. not create pickel be sure at the beginning of the crisis to fight against the crisis it
reacts very late. and on the other hand once the government. what to do. they go roaming the snow doing their job of looking good in the nodal for people to wake up otherwise we'll just become slaves to the system who want to be treated as humans and they believe they can make a difference. the government has to change things because they don't have a choice. with greece in shambles and neighboring portugal trashed by the rating agencies spain is facing not just a financial but a deepening. social crisis members of this so-called indignant marches say they want their dignity preserved but whether their calls will be heard is another issue in the. budget. and there's more bad news for greece as well its credit score
has dropped to just one notch above the fold that's following last week's second bailout package ratings giant moody's says rejecting the debt implies a substantial losses to private investors financial journalist you're one of out of a felt says that the rescue package is nothing more than banks paying money to others so we're bailing out the banks and we wouldn't be that soft i presume with greece if there wasn't the problem of the french and the german banks not only of these two countries but of course they are the major players in this if they were in that rollerball the greek situation indeed we are throwing money at the banks through greece this package will certainly not help the greek economy the greek economy needs growth and since you're in the midst of a very bad recession you're blige a country and cut spending and we increase taxes then throwing some money at it is not a solution greece is now effectively in default because if you calculate on the net
present value what the private bondholders will do even though you amount of value reduction of you come to a value reduction of around twenty percent in europe we don't have a political union and we don't we certainly don't have flexible labor markets so from the beginning. there were huge weaknesses in the whole construct of the monetary union in europe and my big surprise is that there's the last ten years before through this kind of crisis these weaknesses came to the surface. i mean time on the other side of the ocean american politicians are still linger over how to raise the country's debt ceiling republicans and democrats argue secretary of state hillary clinton has been trying to calm nervous asian investors that they will meet next week's that line but economic analyst and martin henniker says it's already too late. it's essentially bankrupt in any case if they increase their debt
ceiling actually yes the chinese rating agency dugong has been saying even if they find an agreement any increase the debt ceiling is going to be as a result more debt so if the u.s. has thirteen point five trillion there and that's the nomination and there but it's not even the fiscal gap including all the unfunded liabilities the united states government actually keeps of the books and if you include this figure we a looking at two hundred trillion us dollar of it's absolutely beyond control and all timidly piers that the united states will be facing a sovereign debt crisis very much along the lines of the so-called. periphery there's a bit also the other european sort of supposedly stronger countries of the expect a major major sovereign debt crisis from the major western countries suggest their investor should stay out of that region and look for a look for girl sort of a commodity is. protect against what's going on there's
a lot of talk always in the rest of are the dangers of china china's military growing and how much of a risk this poses throughout asia and the rest of the go but if you're looking at how much the united states is spending on military there's a strain or it's totally disproportionate the u.s. is spending a lot more the only difference is the u.s. is doing that was borrowed money and they can't afford it so you have to end. i know there's more on where the money is going it was a few minutes here on r.t. germany the do it gets once again this time it's bankrolling libyan rebels with millions of euros to look at what it wants in return. for the lethal fix from the pharmacy party reports on the russian addicts painfully killing themselves with a drugstore cocktail because it's cheaper than heroin. the king of norway has deeply moving a minute of silence for the ninety three victims killed in friday's twin attacks the scandinavian country has been shaken by the bombing of government buildings in
oslo and the massacre at island youth camp tragedy has also touched the royal family the crown princess of norway's step brother was one of the first victims gunned down at the camp values admitted both of properties is appearing in a close quarter and so explain his actions thirty two year old because they're already said the killings were gruesome but necessary investigative journalist attorney government believes there's a new kind of terrorism on the rise. anders breivik thought he was some kind of teutonic knights from medieval times because he's echoing the kind of crusader attitude that it's a very strange version of christianity that he. is he says he's a christian i don't think he is he says maybe the same kind of strange version of christianity that bush and blair has been coming out with over the last ten years or so so i think that this is actually the tip of an iceberg is actually quite a lot of this neo nazi activity out there and now i think the antiterrorist
authorities right across the world are going to have to take this brand of terrorism much more seriously and particularly worrying is that he was a freemason and as brave it as declared that he was a freemason i would imagine that the norwegian police are now going to be talking to other all the other members of any masonic lodges that he was in because this seems to be the place where this kind of. christian rather nasty racist ideology was cooked up i would also add that it was interesting the police said they never come across him before the norwegian police but i wonder very much i wonder if the secret service in norway has been watching him because it was very strange that when he was first arrested on friday the police actually called out his name to him now it was very i would be amazed if they would have actually known as they first approached him what his name was i would have thought that from the arrest point that's where the investigation would have started from. well and as part of it claimed that he wanted a change in society referring to the country's large muslim population but social
expose i think the tragedy might now force norwegians to reconsider their immigration policies. i think we just did it it really highlighted the integrated i don't want to call it a problem i want to call it you know immigration reality huge influx of immigrants coming into norway and you're probably you know most violent most mcgraw regions probably didn't do that was twenty five percent immigrant who are friday they do a lot more statistics now i think you're going to the you know people thing go gosh this guy was critically wounded today but we have another pretty serious problem choose the prime minister you know specifically in the labor party generally did a great job you know comforting the nation those twenty four hours were happy they were you know terrifying he did a great job comforting the nation here's the issue we people very worried or would believe are pretty good have to do in norway is you know they didn't extend concern
to people who are nervous about the immigrant population you know a whole lot of the more extreme groups you know these two extreme views in that makes that add up and their own platform and facebook you know this average jokey boder we understand you're concerned about this issue but we think norway had a great interaction here is why so instead of be energy and you know governing through fear and they have to drop some of those you know who are going to jingoistic policies but also presents you know a more positive way go forward so public policy or export market if that's what. chicago. germany is lending and libyan rebels are hundred million euros despite staying out of nato as bombing campaign against the i think regime says the loan is for quote civilian and humanitarian purposes the germans abstained from a u.n. vote on military intervention in march but chancellor angela merkel has since expressed hope that the nato mission succeeds well in the meantime recognizes the
transitional national council as libya's legitimate government the loan comes as the rebels await access to billions of dollars of assets that are frozen in offshore banks german government consultant christophe hostile things berlin has a vested interest in cashing in on the way. it is really a big question of what this money is being used for first of all who controlled split then next has nato ever cared for the civilian population in libya i don't think so a group of countries bombing libya and using really a weapons then of course is a group of countries not caring for the civilian population abstaining just being neutral in this case of course was that enough because nato is youth the security resolution is a free hand to do just anything they want in effect they are fighting on the side of the rebels they're fighting the libyan government nobody knows when nato will decide to you know protect some civil populations and then kill the legal
government more than twenty billion dollars in free this money is going to be used to. help the rebels but of course that is totally illegal you can't just take money away from from governments and give it to rebels germany wants a piece of the cake so be it to be clear germany wants to maintain its fifteen percent of the libyan oil as a percentage of the total oil imports of germany. we got a lot from moscow now in the shadow of nine eleven the u.s. embarked on a mission to root out terrorists but it led to a network of secret prisons and seizing suspects often without much evidence after years of torment many of those accused have since been released and later this hour here on r.t. we hear from one former inmate and the brutality that he enjoyed. by so many people got killed on the top income so. i was one of those sorts of.
kind of closure on myself they used electroshocks because i will not sign papers and. i was forced to agree that i may be a member if you want to go and i was in most even really i didn't know at the time what used to be when they asked me what i thought of you and i said remember them and they brought me was forced me to sign i refused and. they forced me to write me to sign you sign by. electroshocks and other times the force in the water treatment it's normal on the waterboarding another time they hang on chains i had chains on my hands and i was hanging on the ceiling there was pulling me on the ceiling who actually. you know to my feet used to be a while before and i had no clothes on so i was angry for many days when the
interrogator came he pulled me back dark and he going to sign on all the time when i said no he just makes like this and they're putting it up. and you can actually watch the interview in just over an hour's time here and see what you can catch i suppose right now online at r.t. dot com but also many other stories we're covering for you today are let's have a look at some of the items are standing by for you right now america's combat corporate in iraq the troops are finally leaving but they're being replaced by private contractors ensuring the u.s. grip remains. over the prime minister as these scantily clad car washes display their devotion to vladimir putin's love of cars as you'll be able to see what you tube channel it's not the first time young women have shown such support by shutting their hearts.
home. you with all the live from moscow now divers have recovered all of the bodies from the russian of pleasure in the volga river two weeks ago out of the two hundred one people on board the ship one hundred twenty two were killed. raise an hour from the river has been towed to shallow waters where investigators can piece together the ship's final moments to discover how it all went down it will then be destroyed so that no part of it can ever be used again the bulgarian went down in just three minutes only seventy nine people managed to escape the captains of two vessels meantime that sailed by the sinking ship face criminal charges for passing by without stopping to help. and after some other world news for you if you're a nazi five afghan children have been injured in an attack by a british apache helicopter they were working in a field in helmand province on saturday where u.k. forces were targeting an insurgent on a motorcycle nearby the injuries are not thought to be life threatening almost
fifteen hundred civilians have been killed this year which is already the deadliest since the war started in two thousand and one. the last of fugitive sort by the balkan war crimes tribunal is that up to appear in the hague of us later on monday . faces fourteen charges including crimes against humanity for mass murder and torture during the conflict between croatia and yugoslavia in the early ninety's the fifty two year old was on the run for seven years before being arrested just last week which are not. the syrian government's adopted a law to allow political parties other than the ruling party opposition groups have been banned for almost half a century that a multi-party political system is a key demand of the anti-government protesters who've been staging a four month uprising the army though is still coming down hard on dissent against the regime meaning schools of people in the capital and its suburbs. the new york hotel maid who accuses the former i.m.f.
chief of sexually assaulting her has gone public. has told newsweek magazine that she's telling the truth about the attack in may and wants to see dominique strauss kahn behind bars are thought to use are considering whether to drop the. i was against him i made doubts over her credibility truscott still denies all the charges. but heroin addicts in russia are turning to a cheaper deadlier alternative and it's ingredients are all too easy to get ahold of the drug cocktail known as crocodile main element is the painkiller coating which now the government wants to restrict sales of you've got a report on the lethal narcotics increasing use and you may find some of the images disturbing you would even be called crocodile because it susan skin scaly before it falls off virtually unknown ten years ago it's a mixture of petrol solvents phosphorus and most importantly cheap medicines complained of pain killer coding it's now become richer second most popular drug
after heroin pushed the cheaper and more easily available alternative injecting this lethal cocktail rock a user's flourish in months most i wouldn't three years i have been to be using it for two months i wish i never started to clean it the government's come up with a simple solution for now i can still buy coding containing drugs off the shelf but for next year i'll words i'll need a prescription to do that so the six showed up nearly half of russians use these drugs on a regular basis the vast majority of them for completely legitimate reasons so in their fight against drugs is the government going too far isn't throwing the baby out with the bathwater. coding is sold over the counter in most western countries but its sales have doubled in russia in a thought of years and many say this is not a coincidence i think it was a mistake to start selling coding without a prescription in the first place by making it the most easily available it's this
problem your expert opinion has been divided some believe that this doesn't do enough to tackle the social cause of addiction and punishes innocent consumers. there is no efficient system in the country for issuing prescriptions so the people who will suffer the ordinary pensioners and housewives who need those medicines. but drugs don't enter moscow's suburbs we came here to ask what the users themselves think about being new law. i don't believe it will change anything those who want to take drugs will take drugs we will buy them from the right pharmacies and if we don't get them to use something else we will always have something to inject eagar of nerve. tardo just a few minutes here. making a big buck by changing tack in the us but first. thing with us.
there are a lot of. italy second largest utility edison has renegotiated the pricing of its long term cast contracts with russia they tell in company says it might be able to save up to two hundred eighteen million dollars industry analysts believe could have a wider impact on other european operators they have them are seeking to renegotiate a long term gas contract with us from russia. well russia is resuming vegetable imports from italy in hungary in the past few weeks or russia's consumer watchdog has also lifted can restrict eight other e.u. nations including france belgium and the netherlands a ban on e.u. badge was imposed early in june after a deadly outbreak of e. crying in germany. the u.s. lawmakers are racing against the clock to forge a deficit reduction deal the agreement would clear the way for congress to raise
the fourteen point three trillion dollar debt ceiling if the talks get struck the u.s. may suffer damage and defaults but this could spur demand for u.s. gongs as the chief economist let's go back explains. but of a high probability as a result of that for the united states is in prison a demand from you. because you is treasuries. in the largest market. low risk that sue eve few increases the risk close associates right are you reasonably increase the risk of all the overall system you all three many institutions which you require in by law to increase the number or for reasons i said in the dark color. let's take a look at the markets now all is declining for the first time in five days concern a failure to reach a deal on raising u.s.
debt ceiling may cause the biggest consumer of crude to befall both like sweden brands are losing gold prices have surged to record highs as investors are seeking safe heaven amid debt jitters on global exchanges gold is trading at one thousand six hundred sixteen dollars per ounce and silver at more than forty dollars for us . and in europe bank stocks lead markets lower as the looming deadline to raise the u.s. debt ceiling and also for the downgrade of greece's rating for the markets from extending a four session winning streak barclay's dropping three hundred percent in london a pretty that we call down two point three percent in paris here in russia stocks signed by their most in a week from isaacs is down forty nine percent the start of the r.t.s. is down nearly half a percent all stocks are down on a decline in crude sort of financial stocks with spare bank losing one to help. telecom is slightly better than the market's the stock for trading on its own the past couple of weeks ignoring market trends only metal is down almost three percent
as the gold mine is apre percent as the gold mine enjoys yet another record high price for gold. now ahead of the new trading week for metropol i give some names for investors to park their cash. we have been seeing strong commodity prices are expected to change in the near future. i think gazprom now. is a very interesting name i mean it's fallen a correction in the past two weeks and where there was prices back where they had been i think gas promising even and room to run that in the same we're away short term and meter armies are going to be i think this is a very ancient opportunity right now and it has had a run up fall in the government stance really or given to the bank of moscow and but i think it's going to continue it's still trades of about twenty five percent below zero bank. has received its brain output for two thousand and
eleven so almost ninety million tons from the previous eighty five million export forecast is also i three million eight hundred million for the year this is after the country lifted its ban at the beginning of the month ice president of the country's grain union says exports in july could evolve to one point nine million tonnes but he says fears around the globe aren't that critical. the latest data from the u.s.d.a. shows that they have reduced the forecast for green in a week reserves all these structures don't make the situation critical yet but will expose for cost of the twenty thirty or forty percent drop due to the droughts we are only seeing seventy eight percent drop which is not critical for the global markets that's our business out there for this hour but remember you can always check almost always on a website r.t. dot com.
if you're followed up on my desk no better than those. colors are sort of a throwback and archaic part of our long. and it goes back to a time when people in white out of their forces in the wild lands and pick up these days and fundamentalists share for prosecution there's no longer much going for them a little bit. when they go out there it's tough when. and you have to hope that nothing. we're chasing killers if you feed a kid that in mind knows the two million dollar bill please listen. we're not superheroes we can be told to you know of a shooting in the head i'm going to die. once you have